U.S. 10-year Treasury yield rises to 4.81% amid inflation fears
U.S. Treasury yields rose Wednesday, with the 10-year note yield up to 4.81%, its highest since late 2023. Oil prices increased on heightened U.S.-Iran conflict tensions, driving inflation worries.
U.S.
Treasury yields rose on Wednesday to their highest since late 2023 as the most serious escalation in weeks in the U.S.-Iran conflict sent oil prices higher, fanning inflation fears that rattled global bond markets.The yield on 10-year Treasury notes TVC:US10Y rose to 4.81%, the highest since N…